Logistic conditions of retail chains' expansion
Modern retail market continues to grow. The total retail stock is set to increase by 12% to 13.2 million m2 by the end of 2015. Amongst tenants of modern warehouse buildings retail chains make up the 2nd largest group, with a 24% share in demand for logistic space in the last 5 years.
- 44% of the existing space is located in the western and
south-western regions, with additional 17% being found in
Poland’s central part (mazowieckie and łódzkie regions).
This is also where the largest shopping centres are
- By the end of 2015, 24% of new supply will be delivered in
the two central regions.
- However, it is the eastern part of the country to see the
strongest growth (by 27%). This region currently accounts
for only 9% of the existing stock. Along with the growth in
the purchasing power and improvements to the road
infrastructure in the East, developers and retail chains
alike are keen to expand in this area of Poland.
- This interest is markedly bolstered by the influx of
shoppers from across the eastern border, additionally
reinforced by the local border traffic agreement with the
- New completions will include both large projects (such as
the newly-opened Atrium Felicity in Lublin, and Galeria
Warmińska in Olsztyn) as well as numerous smaller
- In the East, the first outlet centres will also be delivered (in
Lublin and Białystok), and these can attract shoppers also
from behind the Polish eastern border.